Wazua
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Bralirwa dividends
Rank: Member Joined: 12/2/2009 Posts: 286 Location: Nairobi
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Mine too just checked in. The laudable is more often than not rendered laughable by overclaim
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Rank: New-farer Joined: 3/4/2010 Posts: 67 Location: Nairobi
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On the same note,what can be the best way to reduce the exchange losses associated with the clearing of a foreign cheque which is in RWF? Does any bank in Kenya accept customers to open an account in RWF? Just thinking aloud! 
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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You can cash the cheques in any KCB branch. Just take your original ID with you.
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Rank: New-farer Joined: 3/4/2010 Posts: 67 Location: Nairobi
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I tried the major banks(BBK) to deposit my cheque in my account but they allege that they do not deal with that currency (RWF).Maybe i will try KCB.Has anybody been paid locally?
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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FUNKY wrote:You can cash the cheques in any KCB branch. Just take your original ID with you. What's the conversion rate? Rfw - $? Rfw - Kshs?
BBI will solve it :)
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Rank: New-farer Joined: 3/4/2010 Posts: 67 Location: Nairobi
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1 KES is about 6.50 RWF but you have to put into consideration the commission.Has anybody been paid here in Kenya?If so where?
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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guys go KCB....i just deposited mine today...if it is under RWF 50,000 then they will encash it for you. If more then RWF 50,000 then you must have an a/c with them and deposit the cheque.
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Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi
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How much commission does KCB charge?
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Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi
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Wazua people,
Pls assist I av a cheque from Bralirwa for less than 50K Rf, how much will KCB charge to encash?
I av an active account with KCB too,ll I still be charged for depositing it in my account?
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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there is no comission at KCB the cheque is encashed if value is below RWF 50k as has been said, the ruling exchange rate for the day rules
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